Financial Associate - Warwick, RI

Great companies need great teams to propel their operations. Join the group that solves business challenges and enhances the way we work and grow. Working at Gainwell carries its rewards. You’ll have an incredible opportunity to grow your career in a company that values your contributions and puts a premium on work flexibility, learning, and career development. 

Summary

The Financial Associate is responsible for, with minimal supervision, processing transactions within the Medicaid Management Information System (MMIS) which support scheduled financial cycles for the State of Rhode Island Medicaid Program. Transactions consist of processing payments for both Medicaid Providers and clients which are requested by our customer. This position is located in Rhode Island and requires working on-site in Warwick, RI.

Your role in our mission

• Process Claim Adjustments and Recoupments due to corrections to the initial submission of claims.
• Process Recoupments and payouts to Managed Care Organizations (MCO) due to client program enrollment changes.
• Preparation of daily bank deposit, ensuring categories are accurately posted to various Account functions.
• Maintain check stock and storage.  Logging each check issued and having it verified for accuracy.

• Issue Manual Checks for provider/client reimbursement
• Process wire payments
• Bank Reconciliation
• Post Payments on Account Receivables
• Set Up Electronic Funds Transfer Transactions & Reversals
• Research Potential Payment Errors followed with corrective action
• Prepare and record a report of all checks processed each financial cycle and submit for State review
• Process requested stop payments
• Additional projects/assignments requested based on operations team needs

What we're looking for

• Attention to detail and excellent problem-solving skills
• Ability to effectively prioritize and handle multiple tasks and work under aggressive time constraints
• Excellent oral and written communication skills with a focus on excellent customer service
• Self-motivated with excellent time management and organizational skills, ability to work independently as well as part of a team
• PC skills, including Microsoft Office suite
• Ability to follow policies and procedures
• Reliability and Accountability

What you should expect in this role

• College graduate preferred or equivalent work experience.
• Banking or financial experience is helpful
• This position is on-site

The pay range for this position is $35,000.00 - $50,000.00 per year, however, the base pay offered may vary depending on geographic region, internal equity, job-related knowledge, skills, and experience among other factors. Put your passion to work at Gainwell. You’ll have the opportunity to grow your career in a company that values work flexibility, learning, and car